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Reinsurance and Policy Benefits and Losses, Claims and Loss Expenses Payable (Table Text Block)
12 Months Ended
Mar. 31, 2016
Supplemental Schedule of Reinsurance Premiums for Insurance Companies [Abstract]  
Reinsurance and Policy Benefits and Losses, Claims and Loss Expenses Payable

 

 

Direct

Amount (a)

 

Ceded to

Other

Companies

 

Assumed

from Other

Companies

 

Net

Amount (a)

 

Percentage of

Amount

Assumed to Net

 

 

(In thousands)

Year ended December 31, 2015

 

 

 

 

 

 

 

 

 

 

Life insurance in force

$

927,647

$

397

$

949,413

$

1,876,663

 

51%

Premiums earned:

 

 

 

 

 

 

 

 

 

 

Life

$

49,126

$

8

$

11,310

$

60,428

 

19%

Accident and health

 

99,354

 

312

 

2,545

 

101,587

 

3%

Annuity

 

392

 

 

255

 

647

 

39%

Property and casualty

 

50,012

 

 

8

 

50,020

 

0%

Total

$

198,884

$

320

$

14,118

$

212,682

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 2014

 

 

 

 

 

 

 

 

 

 

Life insurance in force

$

905,987

$

402

$

990,406

$

1,895,991

 

52%

Premiums earned:

 

 

 

 

 

 

 

 

 

 

Life

$

47,298

$

$

12,337

$

59,635

 

21%

Accident and health

 

93,319

 

345

 

2,796

 

95,770

 

3%

Annuity

 

386

 

 

312

 

698

 

45%

Property and casualty

 

46,417

 

 

39

 

46,456

 

0%

Total

$

187,420

$

345

$

15,484

$

202,559

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 2013

 

 

 

 

 

 

 

 

 

 

Life insurance in force

$

861,967

$

403

$

1,033,136

$

1,894,700

 

55%

Premiums earned:

 

 

 

 

 

 

 

 

 

 

Life

$

45,625

$

212

$

12,888

$

58,301

 

22%

Accident and health

 

95,536

 

397

 

3,157

 

98,296

 

3%

Annuity

 

847

 

23

 

498

 

1,322

 

38%

Property and casualty

 

40,685

 

 

367

 

41,052

 

1%

Total

$

182,693

$

632

$

16,910

$

198,971

 

 

(a)  Balances are reported net of inter-segment transactions. 

Policy Benefits and Losses, Claims and Loss Expenses Payable for Property and Casualty Insurance

 

 

December 31,

 

 

2015

 

2014

 

 

(In thousands)

Unpaid losses and loss adjustment expense

$

251,964

$

271,609

Reinsurance losses payable

 

855

 

135

Total

$

252,819

$

271,744

 

Activity in the Liability for Unpaid Losses and Loss Adjustment Expenses for Property and Casualty Insurance

 

 

December 31,

 

 

2015

 

2014

 

2013

 

 

(In thousands)

Balance at January 1

$

271,609

$

295,126

$

330,093

Less: reinsurance recoverable

 

120,894

 

136,535

 

176,439

Net balance at January 1

 

150,715

 

158,591

 

153,654

Incurred related to:

 

 

 

 

 

 

Current year

 

12,214

 

11,690

 

9,861

Prior years

 

84

 

(694)

 

1,652

Total incurred

 

12,298

 

10,996

 

11,513

Paid related to:

 

 

 

 

 

 

Current year

 

7,509

 

6,155

 

5,226

Prior years

 

10,851

 

12,717

 

1,350

Total paid

 

18,360

 

18,872

 

6,576

Net balance at December 31

 

144,653

 

150,715

 

158,591

Plus: reinsurance recoverable

 

107,311

 

120,894

 

136,535

Balance at December 31

$

251,964

$

271,609

$

295,126